Guaranty Bancshares (NASDAQ:GNTY – Get Free Report) posted its earnings results on Monday. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.03, Yahoo Finance reports. The company had revenue of $45.59 million for the quarter, compared to analyst estimates of $29.40 million. Guaranty Bancshares had a net margin of 14.48% and a return on equity of 8.66%. During the same period last year, the business posted $0.54 earnings per share.
Guaranty Bancshares Stock Up 2.6 %
Shares of NASDAQ:GNTY traded up $0.89 during midday trading on Wednesday, reaching $34.65. 9,159 shares of the company were exchanged, compared to its average volume of 17,891. Guaranty Bancshares has a fifty-two week low of $26.87 and a fifty-two week high of $37.28. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.29. The stock has a fifty day simple moving average of $33.76 and a two-hundred day simple moving average of $31.49. The firm has a market cap of $399.06 million, a PE ratio of 13.93 and a beta of 0.57.
Guaranty Bancshares Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 9th. Investors of record on Monday, September 30th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.77%. Guaranty Bancshares’s payout ratio is 39.34%.
Wall Street Analyst Weigh In
View Our Latest Research Report on GNTY
Insider Buying and Selling
In other Guaranty Bancshares news, EVP William Travis Brown sold 750 shares of Guaranty Bancshares stock in a transaction on Monday, August 26th. The shares were sold at an average price of $33.75, for a total value of $25,312.50. Following the sale, the executive vice president now directly owns 1,211 shares in the company, valued at approximately $40,871.25. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Guaranty Bancshares news, EVP William Travis Brown sold 750 shares of Guaranty Bancshares stock in a transaction on Monday, August 26th. The shares were sold at an average price of $33.75, for a total value of $25,312.50. Following the sale, the executive vice president now directly owns 1,211 shares in the company, valued at approximately $40,871.25. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Tyson T. Abston sold 2,500 shares of Guaranty Bancshares stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $34.00, for a total transaction of $85,000.00. Following the completion of the sale, the chief executive officer now owns 69,953 shares in the company, valued at $2,378,402. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,190 shares of company stock worth $336,300 over the last ninety days. Company insiders own 26.39% of the company’s stock.
About Guaranty Bancshares
Guaranty Bancshares, Inc operates as the bank holding company for Guaranty Bank & Trust, N.A. that provides a range of commercial and consumer banking products and services for small- and medium-sized businesses, professionals, and individuals. The company offers checking and savings, money market, and business accounts, as well as certificates of deposit; and commercial and industrial, construction and development, 1-4 family residential, commercial real estate, farmland, agricultural, multi-family residential, and consumer loans.
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